On Tuesday, Huber Engineered Materials (HEM), a subsidiary of J.M. Huber Corporation, announced that it had entered into a definitive agreement with Dunes Point Capital, LP to acquire Miller Chemical & Fertilizer, LLC.
The current team and management will continue to run the operations of Miller as a business unit within HEM. Huber looks forward to investing and expanding the business ‘ capacity to meet its customers ‘ long – term strategic needs.
“The acquisition of Miller furthers HEM’s mission to build a diverse portfolio of small to medium sized, competitively advantaged businesses in the chemical and mineral markets,” said Dan Krawczyk, President of HEM. “We are excited to welcome Miller’s employees into the HEM organization and work with them to continue to serve their customers globally with world-class products and services.”
Mike Marberry, CEO & President of the J.M. Huber Corporation said, “This acquisition is a strategically important step in Huber’s ongoing effort to diversify its overall portfolio with new specialty businesses that can grow and deliver significant value to their customers. This marks a significant milestone in HEM’s history, and we look forward to introducing Miller’s employees to the Huber Principles, and working with them to expand this business on a global basis.”
About Miller: Founded in 1937, Miller has nearly 100 employees and is headquartered in Hanover, Pennsylvania, where it has its manufacturing operations. The company manufactures and distributes crop protection and agricultural nutritional products to improve the quality and yield of plant and crop production. Miller sells its products through its global sales force of skilled agronomists and distributors to the agricultural and agricultural industries in more than 90 countries and targets the high-value segment of fruits, nuts